Venerable, a privately held company that owns and manages a traditional variable annuity business, has expanded Alexandra Findleton’s role at the company to include serving as director of Flow Reinsurance.
The move is designed to allow the company to accelerate the growth of this new organizational capability and advance its overall growth strategy, which includes variable annuity flow reinsurance announced in June 2025 as part of a landmark agreement with Corebridge Financial, Inc.
The agreement also includes reinsurance of the $51 billion variable annuity business of American General Life Insurance Company and New York American Life Insurance Company.
Additionally, Venerable has agreed to acquire SunAmerica Asset Management, Corebridge’s investment adviser.
The expansion of Findleton’s existing role includes flow reinsurance and is designed to enable Venerable to further explore the market and establish an ownership, liability and governance framework to support this part of its business.
Now, Findleton will be responsible for leading flow reinsurance deal development, managing counterparty relationships, overseeing cedant terms and working with internal partners on deal pricing.
Prior to joining Venerable in 2019, Findleton began her career at Oliver Wyman as a management consultant where she was instrumental in developing insurance liability models and technology solutions to support annuity new business sales strategies and policy administration system transformations for various life insurance clients.
Miles Kaschalk, head of corporate development at Venerable, commented: “Alexandra has played a key role in establishing Venerable as a player in the flow reinsurance market. Her leadership, experience, vision and collaborative abilities will be valuable assets to Venerable as we look to aggressively grow in this area.”
